Enter your email address for weekly access to top multifamily blogs!

Multifamily Blogs

This is some blog description about this site

Community-Wide Connectivity Powering Post-Modern Tech Stacks

Community-Wide Connectivity Powering Post-Modern Tech Stacks
A new era of apartment leasing and living is upon us. From self-service leasing and smart home technology to the industry-wide adoption of PropTech, technology is empowering residents, onsite teams and operators alike while creating operational efficiencies.  While these technology features and solutions can really take apartment communities to the next level, a lot of these tools need a robust internet foundation to run smoothly. Apartment communities probably have WiFi, but it’s typically isolated to certain parts of the building, whether it’s the leasing office or designated common area spaces. Unfortunately, a lot of smart home technology isn’t confined to these spaces and is present throughout the community. Here are some technologies that could be optimized with community-wide WiFi to run smoothly and the benefits for operators: PropTechThe majority of apartment tours used to be standard agent-led tours. The emergence of nontraditional tours, such as self-guided, virtual and video tours, has changed the technology needs for apartment communities. The industry has made it clear these various tour options are here to stay. Self-guided tours also integrate other types of proptech into the overall experience, like wayfinding technology, interactive maps, virtual viewing, access control, ID verification and chat functionality with leasing agents. Self-guided tour and access control technologies have become a foundational component of running agentless tours. Seamless connectivity can help power proptech and self-guided tours to work in all areas of the community. Otherwise the prospect will find themselves offline and in need of assistance. This causes issues for both the prosp......
Continue reading
644 Hits
0 Comments

Real Estate Technology | Embracing and Rejecting Technology in Multifamily

Real Estate Technology | Embracing and Rejecting Technology in Multifamily
From managing an entire multifamily portfolio to gaining a whole new insight from the overflow of data collected, technology has become a key to a successful business venture. When it comes to the way the modern multifamily real estate businesses operate, there’s no doubt that technology plays a big part in more than a few of the daily functions. Experienced investors know that for the last several decades, everything from current assessors records and recorded documents to escrow and title property profile information have been accessible through established industry portals and websites. In the beginning, as the consumer found that they needed better access to specific information, the data providers were forced to begin developing new for those end users to access what they needed to facilitate a transaction. What this meant is that an investor no longer had to go down to the county building, pull up microfilm of an assessors map, and print out a copy. Instead, real estate professionals simply log onto a website and preformed a simple search to get their maps and other information. Aside from the online brochures that became known as websites, it’s in this purpose driven understanding of what was really needed from technology to move a transaction forward that initial investors were most receptive to. The new millennium brought technological advances in both the way information is accessed and the social acceptance of technology on the whole. Wireless internet access allowed multifamily investors the ability to access all the information they were used to, whi......
Continue reading
2076 Hits
0 Comments